Intelligence Brief - 11 November 2014

Getting rid of the Kirchners

Our sister organization LatinNews has just published a Special Insight Paper on Argentina titled: Will 2015 mark the end of the Kirchner era? The implication is that it won’t, even if the kirchneristas lose the 2015 elections.

The key part of the report states:

“The kirchnerista camp appears to be contemplating the possibility of a defeat next year. At several recent rallies the keynote speaker — the President’s son Máximo — repeated a new slogan: ‘We may lose the government but we will not relinquish power.’ This is what guides the kirchnerista camp’s strategy.

“Máximo Kirchner, who has tended to keep out of the limelight so far, is the founder and guide of La Cámpora, the most radical faction in the kirchnerista camp, which, in tandem with economy minister, Axel Kicillof, and his trusted economists, has been taking control of a number of key institutions. These include the central bank (BCRA), the securities commission (CNV), the tax collection and customs agency (Afip), the office of the procurator for economic crimes and money laundering (Procelac), the office of the inspector-general of juridical persons (IGJ), the justice ministry’s financial information unit (UIF), and the federal audiovisual communications administration (AFSCA). A government nominee has been appointed national procurator-general (head of the federal public prosecution service).

“All of the officials appointed to run these institutions will hold their positions at least until November 2015, and some of them enjoy longer tenure. Together they have at their disposal the wherewithal to act upon the next government – and on the forces that Cabinet chief Jorge Capitanich recently described as conspiring to stage a ‘market coup’ through ‘economic terrorism’, that is through currency speculation, capital flight and ‘financial destabilisation’.”

The full report can be read here:


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